Zahra Nikbakht - Assistant Professor, Department of Accounting, Payame Noor University, Iran

The purpose of this study is to investigate whether cash flows from operating, investing, and financing activities can affect the firm value. In this study, we are using the data of ۱۳۷ companies which are listed on the Tehran Stock Exchange from ۲۰۰۴ to ۲۰۲۰, and also, we are using the combined data approach and the relationship between cash flows resulting from operating activities, investments, and financing and the value of the company has been investigated. Based on the results which have been indicated the cash from operating activities and financing have a positive and significant relationship with firm value and the relationship between cash flows from operating activities and company value, are included in some companies with positive net cash flows, which would also more than other companies. Cash flows from operating and financing activities can affect and increase the value of companies that are surveyed on the Tehran Stock Exchange.

Cash flows, cash flows from investment activities, cash flows from financing activities, Firm Value